On average, listings lease in the $0's per square foot per year. The Madison Park region is going through a decline in rates. In the last 3 months, the median rate decreased $48 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Madison Park are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Madison Park occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.